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Chinese Chatbot Brought down the uS Stock Exchange
The Chinese chatbot DeepSeek demolished the US stock market, lowering the capitalization of American companies by a trillion dollars. This is reported by the world media.
Chinese AI DeepSeek overtook ChatGPT and reduced global stock markets, writes, in specific, Reuters.
The look on the market of the Chinese chatbot DeepSeek-R1 following the of one exchange day, on January 27, cost the American microchip maker Nvidia nearly $ 600 billion in market worth, the BBC reports.
According to information published in a number of other media outlets, the remaining technology giants associated with the development of artificial intelligence have actually lost lots of tens of billions of dollars more. In particular, Broadcom lost 17.4%, or about $ 200 billion. Microsoft’s stock rate fell by 2.14% (about $ 70 billion) throughout the day, and the shares of Google’s owner, Alphabet, went down by 4% ($95 billion).
The total index of American technology companies Nasdaq-100 fell by almost 3%.
American companies have invested and strategy to invest numerous billions of dollars in the advancement of expert system systems. While the Chinese business DeepSeek it cost $ 5.6 million.
